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Vox Populi? Oregon Tax and Expenditure Limitation Initiatives
Author(s) -
Thompson Fred,
Green Mark T.
Publication year - 2004
Publication title -
public budgeting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.694
H-Index - 30
eISSN - 1540-5850
pISSN - 0275-1100
DOI - 10.1111/j.0275-1100.2004.00348.x
Subject(s) - state (computer science) , revenue , economics , tax revenue , public economics , income tax , personal income tax , state income tax , personal income , tax reform , business , economic policy , gross income , finance , economic growth , algorithm , computer science
This article provides a brief history of tax and expenditure limitation initiatives in Oregon, along with a narrative of contemporary events. Largely as a consequence of the initiative's increased role in the formulation of Oregon's fiscal policy, state and local taxes paid by Oregon households declined from 7.4 percent of income in 1989 to 6.8 percent in 2003; state revenue, which is heavily dependent upon personal income taxes, has become increasingly income elastic; and state and local governments now rely on user fees to an almost unprecedented degree.